August 21st, 2008
02:45 PM ET
6 years ago

FEC lets McCain off the matching funds hook

Sen. McCain campaigned in New Mexico Wednesday.
Sen. McCain campaigned in New Mexico Wednesday.

(CNN) – In a unanimous decision Thursday, the Federal Election Commission granted a request from John McCain’s campaign to withdraw from a program that provides presidential candidates with matching funds during the primary season.

The Democratic National Committee filed a complaint with the FEC earlier this year after the McCain campaign announced that it was withdrawing from the primary season matching funds program, in a bid to avoid spending restrictions that would have resulted if they participated. Democrats argued that the McCain camp could not legally opt out after obtaining a $4 million line of credit using the prospect of the public matching funds as collateral, and could not unilaterally withdraw without approval from the FEC, which did not have a voting quorum for much of the year. The party also called for an FEC investigation of McCain’s campaign finances.

The McCain campaign had said that the possibility of receiving public matching funds was not in reality the collateral for the line of credit that kept the Arizona senator’s campaign afloat.

The DNC has not yet said whether they will continue to press for a federal investigation.


Filed under: FEC • John McCain
soundoff (114 Responses)
  1. Ted:Canada

    He is being bought out by BIG business

    After seeing CNN's – McCain Revealed…

    Quiet frankly my friends he should be charged with corruption. Only in America can a "low life" politician like this run for president.

    Where is your pride and dignity America???

    Also McCain has no real loyalty!! He would not only switch parties in order to win but would likely sell off his wife to the highest bitter – about 150 million – that will do it!!!

    As well – with his uncontrollable temper…to make him president is like committing suicide.He needs psychological help – fast!

    August 21, 2008 06:41 pm at 6:41 pm |
  2. Michael

    Come on CNN. Cover the interesting story. McWar wants to bring back the military draft. He already knows young people are not on board to volunteer for his stupid and unneccessary wars so he needs the Draft to conscript his cannon fodder. Break out your 60's Vietnam War 33 rpm albums so McBomb can remember the Glory days. Come on, everybody sing, 1 2 3 What are we fighting for. Lets go to war again, for the glory of mcCain...

    August 21, 2008 06:44 pm at 6:44 pm |
  3. SONGBIRD MCCAIN

    TRAITOR —– OUT-OF-TOUCH —– PTSD —– EMPTY SUIT —– BAD TEMPER —– WAR MONGER —– WIKIPEDIA —– DRAFT —– $500 SHOES —– HOW MANY HOUSES DO I OWN? —– $5 MILLION —– KEATING 5 —– 50+ LOBBYISTS ON HIS STAFF —– NO OFFSHORE DRILLING + PAYOFF = FLIP = YES TO DRILLING =FLOP —– SONGBIRD (GOOGLE IT!) —– ENDORSED BY THE WORST PRESIDENT EVER —– 95% VOTING RECORD W/BUSH (MAVERICK?!?!) —– CHEATED ON SICK WIFE —– ADMITTED HE DOESN'T KNOW ANYTHING ABOUT ECONOMICS —– OLDER THAN ZIP CODES, PEANUT BUTTER & JELLY SANDWICHES, AUTOMATIC CAR TRANSMISSIONS, FM RADIO AND ALF! -– CROSS IN THE SAND LIAR -- WON'T CUT TAXES FOR THOSE MAKING LESS
    THAN $250K AS MUCH AS OBAMA (JUST THE FACTS, MA'AM)!

    AND THAT'S JUST OFF THE TOP OF MY HEAD!

    ::::::::::::::::::::::INDEPENDENT VOTING OBAMA;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

    August 21, 2008 06:46 pm at 6:46 pm |
  4. McCain has no original thought in his head.

    WHAT A CROOKED MAN.
    CHEAT ON YOUR WIFE,
    LIE ABOUT IT FOR YEARS,
    LEAVE A FAITHFUL WIFE FOR POLITICAL REASONS.
    CHEAT AMERICA AS WELL.
    YES YOU'RE THE MARVERICK.
    JOHN McCAIN IS NOT A TRUE REPUBLICAN.

    August 21, 2008 06:48 pm at 6:48 pm |
  5. Itoldyouso

    Just another Repugnant crook.

    August 21, 2008 06:48 pm at 6:48 pm |
  6. jt

    mccain is 72 years, the oldest President if elected...scary

    August 21, 2008 06:50 pm at 6:50 pm |
  7. K of TX

    Oh, what a revelation!!!

    Wait....the media won't give it more than a glance because they're afraid the election will slip out of their control and Obama will be elected in a landslide.

    Which means NO MORE SKY-HIGH RATINGS!

    i'M LITERALLY GETTING SICK WATCHING HOW BIASED THE MEDIA IS IN FAVOR OF McCAIN RIGHT NOW.

    August 21, 2008 06:52 pm at 6:52 pm |
  8. jimmy

    IT AMAZES ME AND AM SURE A LOT OF PEOPLE ESP. THE VOTERS IN THE PRIMARIES WHO IN EVEN MORE AMAZING NUMBERS (18 MILLION FOR HILLARY ALONE) VOTED TO LET THEIR VOICES HEARD. NOW THESE PANELISTS ON THE MAJOR NETWORKS, CNN INCLUDED SEEM TO HAVE IGNORED THE VOTERS IN THEIR
    (EXPERT ? ) ANALYSES ON WHO IS BEST TO HELP OBAMA WIN THE PRESIDENTIAL ELECTION. OBAMA'S SAGGING POLL NUMBERS ONLY SHOWS HIS NEED FOR THE VOTES OF THE PRIMARY VOTERS IN HILLARY'S CORNER. CNN'S PANEL TALKED ALOT OF JOE BIDEN . YET FAILED TO MENTION THAT BIDEN WAS FAR FROM EVERYBODY ELSE IN GETTING THE VOTES OR THE MONEY HE NEEDED TO BE A SERIOUS CONTENDER.
    THERE SEEM TO BE A LACK OF SMARTS ON THE PART OF THE PANELISTS. OR IS IT JUST BIAS?

    August 21, 2008 06:54 pm at 6:54 pm |
  9. Erin in Edmonds WA

    Now he is starting to flip flop on his criticisms. Obama did this, but I didn't, then I did. What a stupid fool. McCain, may lightening strike.

    August 21, 2008 06:57 pm at 6:57 pm |
  10. Matt: honestly

    It is crazy how people who do not support Obama say his supporters are full of hate, yet they themselves spew hatred at every turn. STICK TO THE ISSUES, ENOUGH OF THE CELEBRITY, MY YOU KNOW WHAT IS BIGGER CRAP!

    August 21, 2008 07:01 pm at 7:01 pm |
  11. Matt: honestly

    ALL MCCAIN WANTS IS MORE WAR!!! HE HAS WHAT GEORGE CARLIN CALLED THE BIGGER YOU KNOW WHAT FOREIGN POLICY!

    August 21, 2008 07:02 pm at 7:02 pm |
  12. Illinois 2

    WHY NOT, AFTER ALL BARACK DID THE SAME THING OR HAS EVERYONE FORGOTTEN THAT??

    August 21, 2008 07:37 pm at 7:37 pm |
  13. Phil

    JJ: Give it up , you mean don't trust your boy McSane.

    August 21, 2008 07:41 pm at 7:41 pm |
  14. Phil Newton Murphy, Oregon

    Flip....flop...flip...flop...flip....flop...flip...flop....

    August 21, 2008 07:44 pm at 7:44 pm |
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